Financial Aid

Tuition, fees, and financial assistance information for Michigan Technological University

Houghton, MI

In-State Tuition

$19,429

Out-of-State Tuition

$42,771

Average Net Price

$17,928

Price Difference

$1,501

Avg. financial aid

Tuition & Fees

In-State Students $19,429

Annual tuition for residents of MI

Out-of-State Students $42,771

Annual tuition for non-residents

Average Net Price $17,928

Average amount students pay after grants and scholarships

Net Price by Family Income

Average net price for students receiving Title IV federal financial aid (2022-23)

$0 - $30,000

$5,021

$30,001 - $48,000

$6,773

$48,001 - $75,000

$10,202

$75,001 - $110,000

$16,222

Over $110,000

$24,344

Financial Aid Overview

For first-time, full-time undergraduate students (2022-23)

Students Receiving Any Financial Aid

1,358 of 1,381 students

98%

Grants & Scholarships

Recipients

1,343 (97%)

Average Award

$16,889

Federal Pell Grants

Recipients

279 (20%)

Average Award

$5,152

Aid by Source

State & Local Grants

256 recipients (19%)

$8,367 avg

Institutional Grants

1,339 recipients (97%)

$14,126 avg

Student Loans

Federal student loan data for all undergraduates (2022-23)

Total Borrowers

2,604

46% of students

Average Loan Amount

$6,077

Financial Aid Resources

Net Price Calculator

Estimate your actual cost after financial aid

Financial Aid Office

Learn about available aid programs and apply

FAFSA Information

Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.

Apply for FAFSA →

Payment Plans Available

Many institutions offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:

  • Monthly payment plans
  • Deferred payment options
  • Employer tuition assistance programs

Need Help?

Contact the financial aid office for personalized assistance with:

  • Scholarship opportunities
  • Grant eligibility
  • Work-study programs
  • Payment plan options

Federal School Codes

OPE ID: 00229200
IPEDS ID: 171128

Use these codes when applying for federal financial aid

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